Author (Person) | Eichengreen, Barry |
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Publisher | Centre for European Policy Studies [CEPS] |
Series Title | CEPS Commentary |
Publication Date | 08/01/2019 |
Content Type | Research Paper |
Abstract: Ibe motive for founding the euro was to create a European unit that might provide alternative to the dollar as an international and reserve currency. The Werner Report, the first full-throated argument for a single European currency, was issued in a period of angst about the Bretton Woods System and the dollar (Zimmermann,2002). The Delors Report, which provided a detailed roadmap in 1989,was not unrelated to the preceding decade of wild dollar fluctuations. |
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Source Link |
Link to Main Source
https://www.ceps.eu/the-euros-global-dreams-and-nightmares/
Alternative sources
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Subject Categories | Economic and Financial Affairs |
Keywords | Euro | Single Currency |
International Organisations | European Union [EU] |